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Cost of building two semidetached houses in London
GDB2222
Posts: 26,581 Forumite
I’m just after a rough ball park cost of building two semis on a suburban site in London. Each 1500 sq ft on 3 floors. Brick, with a tiled roof. On a clear site, with good access.
Anyone have any idea?
No reliance should be placed on the above! Absolutely none, do you hear?
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£850k - £1M depending on spec level1
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I was trying to work out whether a particular piece of land has any value as a development site.Ectophile said:ComicGeek said:£850k - £1M depending on spec level
Does that include the land? I get the impression that OP already has a plot of land and wants to build on it. But I could be wrong.No reliance should be placed on the above! Absolutely none, do you hear?0 -
People talk of the rule of thirds. One third land, one third build, one third profit. Don’t know if it still applies.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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Building costs have risen so much that I don’t think it can apply any longer.silvercar said:People talk of the rule of thirds. One third land, one third build, one third profit. Don’t know if it still applies.No reliance should be placed on the above! Absolutely none, do you hear?0 -
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In case this is still of interest, we're building x2 brick/tile semis ~900sqm houses in London and it's looking like approx 700-750k for both inc materials and fittings but we already owned the land2
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grumpy_codger said:
Would seem to be two mansions rather than semis.Proud member of the wokerati, though I don't eat tofu.Home is where my books are.Solar PV 5.2kWp system, SE facing, >1% shading, installed March 2019.Mortgage free July 20230
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